Insight
Post-acquisition, Ixigo and Brevistay will collectively have access to over 10,000 directly contracted hotels across India.
Ixigo Acquires Hotel Booking Platform and Invests in AI Startups
Summary
Online travel agency Ixigo is acquiring a majority stake in Brevistay Hospitality for $17.4 million, integrating its short-stay and overnight hotel bookings. This move expands their inventory to over 10,000 hotels across India.
Key takeaway